The Australian - Hedge funds who invested in Channel Nine’s owner PBL Media are unhappy about a rescue package to refinance the group’s $4.3 billion in debt, The Asian Wall Street Journal has reported.
Private equity group CVC Asia Pacific, the owner of 75 per cent of PBL Media, is "scrambling" to prevent PBL Media from […]

Reuters Tokyo - The yen dipped against higher-yielding currencies on Monday while the Australian dollar surged as leaders from Europe to the United States rushed out plans to shore up banks and stem the panic gripping investors.
After many stock markets suffered their worst weekly losses ever last week, leaders from Group of Seven industrialised […]

KEZI - Most Asian stock markets recovered Monday after last week’s historic sell-off as governments around the world intensified efforts to boost the ailing financial system.
Hong Kong’s Hang Seng Index, which tumbled more than 7 percent Friday, opened over 2 percent but shed its gains to trade about 360.50 points higher, or 2.44 percent, at […]

Forbes - The dollar edged up towards a one-month high against the euro on Friday before monthly U.S. jobs data later in the day, with investors viewing the report as a key hurdle for whether the U.S. currency can sustain its rebound.
A mixed bag of U.S. data released the previous day showing the […]

Blayney Chronicle- Chris Cuffe cannot escape his tag as the $33 million man. But six years after the former head of Colonial First State left the funds manager with a notorious golden handshake, he is back in the business - only this time doing it for charity.
What is more, he has convinced 15 leading […]

Money Management- A survey of some of Australia’s biggest superannuation funds has found that they intend to increase their average allocations to hedge funds from 2.5 to 3.5 per cent over the next two to five years, according to a survey by the University of New South Wales Business School.
The survey, commissioned by the Australian […]